According to the 2018 Global Wealth Report from Credit Suisse Research Institute, you need a net worth of $871,320 U.S. Credit Suisse defines net worth, or “wealth,” as “the value of financial assets plus real assets (principally housing) owned by households, minus their debts.” Source

So, yeah, but only if you’ve been saving your entire wage and paying no tax for the past 15 years.

Fair enough, you didn’t say you condone it. But your comment does read with much more support than I would offer. And asking me which charities I’d donate to… ha! I don’t see why that’s relevant. Maybe I would do the same, but I don’t already have an $800,000/yr base salary.

More relevant: this windfall would be 250yrs income for me. And on that income I already do donate to charity (albeit probably about 2% of my earnings). If this chump followed my percentage they would be donating 6 whole years worth of my salary on this windfall (plus 1/3 of my salary per year).

The point is “treating yoself” to $12mil after tax is absolutely obscene whatever way you look at it. Not to mention still sitting on 3x more than that.

Awarded themselves shitloads of stock, then sold a quarter of their shares each as soon as humanly possible. That money is not being invested in the company, it’s going straight in these individual’s pockets.

Share prices don’t only fall if the company liquidated stock. They will also fall from something like a mass sell-off because lower and lower prices will be commanded to sell large volumes of stock.

You know, like the one in the article that talks about the 25% drop in share value.

Won’t somebody think of the poor shareholders.

When I treat myself, it’s to a takeaway meal that’s like $20. Reddit has “never made a profit”™. Siphoning $16mil out of it on day one is obscene.

Ever seen Johnny Mnemonic? He had a whole 80gb storage in his brain and upgraded it to 160gb. Future proof. He’d almost be able to install a modern AAA title!

You don’t have to be fat to get clogged arteries from eating too much sausage Jimmy.

There appears to be a terrorist attack going on in Moscow right now and it’s not a rainbow flag attack.

No no no, hours = productivity.

Monkey types on typewriter for more time, monkey write more code. All top quality. Best code.

If he gets $223M a year for being a detriment to society, I should be getting at least $446M for being relatively neutral.

Making money by destroying/burying digital media. What a backwards world we live in…

This practice feels like something that should be illegal. Effectively it is destroying art that hundreds or thousands of people worked hard to make, for the sake of fiddling the books of the owning company that commissioned it.

If you “write it off” to be worth zero, it should either become freely available abandonware, or can be claimed as the intellectual property of those that worked on it. Otherwise it is evident that there is some value to be had and therefore tax fraud to claim it has none.

Every story needs a villain.

Which political parties do you suggest for our US friends?

I think the point is: this publisher in particular is a piece of shit. Pushed out the original creators and stole the IP effectively.

Fair enough.

Firstly, I’m not really sure where you are getting your figures. There were 200,000 paid members under the previous leader and it went up to 600,000 just before he was elected.

Secondly, it seems like you’re attributing this sharp increase to a third party nefarious action. I would assume that it were simply a larger portion of those 10m voters deciding to register membership in order to vote in a leader more in tune with their party values.

I take the point that a small group only needing paid membership to vote is open to manipulation. However, I don’t really see a comparison between these two events.

Weird comparison. I don’t think the least Tory-lite leader of the Labour Party in the last 30 years was voted in as a Chinese conspiracy, as you are implying.

Sounds like the same baby that injected a whole weed that one time

He must be an anti-semite